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MCQS Marketing 01
MCQS Marketing 01
Rites
Myths
Rituals
(Ans: d)
More
Less
(Ans: b)
3-The demand for a product is ________ when price cut causes revenue to increase.
Income elastic
Price elastic
Cross elastic
Negotiated contract
Open bid
Closed bid
Open contract
(Ans: c)
Exclusive assortment
Open bid
Negotiated contract
Deep assortment
(Ans: a)
Oligopoly
Monopoly
Monopsony
(Ans: b)
7-When the market is run by a small number of firms that together control the majority of market share
is known as
Oligopoly
Duopoly
Oligopsony
Perfect competition
(Ans: a)
Capital
Machines
Raw material
(Ans: d)
Information
Time
Technology
(Ans: d)
Profit
Sales
Customer
(Ans: c)
11-Reorder point tells
When to order
(Ans: a)
12-The brand choice is heavily influenced by reference group in which stage of Product life cycle?
Introduction
Growth
Maturity
Decline
(Ans: c)
Product
Price
Place
(Ans: d)
AIEA
AIBA
AICA
AIDA
(Ans: d)
Lower price
Greater utility
(Ans: d)